Detailed information about Coin: One Dollar 1988 Penguin from New Zealand

Coin: One Dollar 1988 Penguin

Description

When decimal currency was introduced in New Zealand on 10 July 1967, there was no new circulating denomination with the size and specifications of the old one crown piece, in which only commemorative coins had been issued (the new fifty cents were equivalent in value but not in size). Until the introduction of the smaller circulating dollar coin in 1990, New Zealand issued crown-sized commemoratives with a one dollar denomination such as this one. Later crown-sized commemoratives are denominated at five dollars.